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Texas oil lease

Producing

UNIVERSITY -23W-

University -23W- is an oil lease in Crockett County, Texas, operated by Otb Operating, LLC in the Farmer (San Andres) field.

5 wells

4,611bbl oil, last 12 months−10% vs prior year
Operator
Otb Operating, LLC
County
Crockett County
Field
Farmer (San Andres)
RRC lease
7C-08690

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Where it sits

This county

Crockett CountyCrockettIrionUptonReaganCrockett County
Crockett County
Gas, last 12 months
2,710 mcf
Oil in Jul 2026
362 bbl

Production by month

Oil output fell 10% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -23W-, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 4,611 bbl in the 12 months through Jul 2026, against 5,150 bbl in the 12 months before.Last 12 months: 4,611 bblbbl per monthmcf per month00200200400400600600800800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -23W-, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 4,611 bbl in the 12 months through Jul 2026, against 5,150 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200200400400600600800800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

All of the gas went to flaring in the last 12 monthsShare of UNIVERSITY -23W- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of UNIVERSITY -23W- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 36 months above 3%.

5 wells on this lease

Wells on UNIVERSITY -23W-
API numberWell no.Status
42-105-331291Active
42-105-411872Active
42-105-414193Active
42-105-416094Active
42-105-418665Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dorado Oil CompanyOilGathers100Jan 1, 2014–
Davis Gas Processing, Inc.Casinghead gasGathers100Oct 1, 2008Jan 1, 2020
Davis Gas Processing, Inc.Casinghead gasBuys100Oct 1, 2008Jan 1, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

359.75 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 359.75 and 363 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for University -23W-
API numberWell no.Acreson the permit
42-105-418665359.75
42-105-416094359.75
42-105-414193359.75
42-105-411872363
42-105-331291360

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

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36 months, newest first

Ledger for UNIVERSITY -23W-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263623403560356$80.46$2.89
Jun 20263763432710271$84.81$3.15
May 20263933501580158$102.13$2.94
Apr 20263703562320232$100.32$2.77
Mar 20263685322520252$91.38$3.04
Feb 20263633632950295$64.51$3.62
Jan 20263843582190219$60.04$7.72
Dec 20254063491530153$57.97$4.26
Nov 20253783421210121$60.06$3.79
Oct 20254173502250225$60.89$3.19
Sep 20254035152180218$63.96$2.97
Aug 20253913372100210$64.86$2.91
Jul 20254205112400240$68.39$3.20
Jun 20253953432820282$68.17$3.02
May 20254135013210321$62.17$3.12
Apr 20254333384860486$63.54$3.42
Mar 20254205323950395$68.24$4.12
Feb 20254223624180418$71.53$4.19
Jan 20254995283950395$75.74$4.13
Dec 20243473291340134$70.12$3.01
Nov 20244545181620162$69.95$2.12
Oct 20244535072210221$71.99$2.20
Sep 20244383501640164$70.24$2.28
Aug 202445650526026$76.68$1.99
Jul 20244153393270327$81.80$2.07
Jun 20244655225020502$79.77$2.54
May 20244675146000600$80.02$2.12
Apr 20244673475660566$85.35$1.60
Mar 20244835385800580$81.28$1.49
Feb 20244665075340534$77.25$1.72
Jan 20245825355330533$74.15$3.18
Dec 20233453554590459$71.90$2.52
Nov 20234775255280528$77.69$2.71
Oct 20234993445960596$85.64$2.98
Sep 20234685095920592$89.43$2.64
Aug 20234915075980598$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorOtb Operating, LLCFieldFarmer (San Andres)CountyCrockett County

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